Crypto Security: Centralized Exchanges. What You Need To Know To Buy Bitcoin.

By February 12, 2019 February 25th, 2019 Cryptobay, Cryptocurrency

So you’ve decided to invest in Bitcoin or other cryptocurrencies.
Since you always start with Canadian dollars you need to first convert them into crypto. One of the popular options is to buy it on a centralized exchange that deals with fiat money (dollars).
After you have your Bitcoin, you have an option to trade on an exchange that doesn’t have fiat pairs – crypto-to-crypto exchange. Those usually have deeper books, more coins, more liquidity and lower fees.

Let’s look into the options that we in Canada have at the moment:

– Available exchanges (Kraken, Coinsquare, Quadriga, etc.)
– KYC and privacy
– Ways to fund your account (interac, wire, flexpin, credit card)
– What to pay attention to when choosing an Exchange (onboarding
process, 2FA, reputation, security, volume, fees)
– Most Reputable and Secure Crypto-to-Crypto Exchanges (Binance?)
– Best practices dealing with exchanges (security – never keep your coins
on an exchange, privacy – do not connect your ID to your Wallet by
mixing coins)

Welcome to the Crypto Bay Meetup! Claim your 10 THAT COINS (THAT). This is how:

• Get your Waves Wallet

• Join Our Telegram Group

• Send an email to with your wallet address and Telegram username

• Learn how to earn more THAT

• Spend your THAT at That Channel and Crypto Bay Meetup

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